Post Utme Skyline University 2020 Accounting Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2020 Accounting Objective / Multiple Choice
Question 33 POST_UTME_SKYLINE_UNIVERSITY • 2020 • ACCOUNTING • objective

A company maintains a cash book and bank reconciliation statement. The cash book balance is ₦150,000 and the bank statement balance is ₦180,000. The bank charges a service fee of ₦1,500 and the company has an outstanding deposit of ₦10,000. Calculate the bank reconciliation difference.

Answer Options

A. ₦5,000
B. ₦10,000
Correct Answer C. ₦15,000
D. ₦20,000
Correct Answer
C
Correct Option:
₦15,000

About This Question

This is Post Utme Skyline University 2020 Accounting Question 33. It is one of the objective questions from the 2020 Post Utme Skyline University Accounting examination.

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